News: Brokerage

Cushman & Wakefield arranges full-floor lease for Gallet Dreyer & Berkey LLP at 685 Third Ave. in Midtown

Manhattan, NY Cushman & Wakefield arranged a new long-term, 14,000 s/f  office lease for Gallet Dreyer & Berkey LLP at 685 Third Ave. The law firm will occupy the entire 28th floor of the building, which is owned by Bentall Green Oak.

A Cushman & Wakefield team of Garett Varricchio and Mark Weiss represented the law firm in the transaction. Michael Montesi with Cushman & Wakefield’s Strategic Advisory Group also provided support.

“Gallet Dreyer & Berkey’s continued commitment to New York City reflects both the firm’s enduring roots and its ambitious future,” said Varricchio. “Securing a full floor with Bentall Green Oak for the next 12 years reinforces their belief in Midtown and Third Ave. as one of Manhattan’s most vibrant business corridors.”

Located between East 43rd and East 44th Sts., 685 Third Ave. is a 31-story office tower situated near Grand Central Terminal, offering tenants access to transportation. The building has undergone a complete renovation including a new facade, lobby and elevators as well as new HVAC and electrical upgrades.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their